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Newshour: 31/07/2020 20:06 GMT: Eurozone suffers deepest contraction on record

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Eurozone suffers deepest contraction on record

31/07/2020 20:06 GMT

31/07/2020 20:06 GMT: Eurozone suffers deepest contraction on record

BBC World Service - Newshour, Eurozone suffers deepest contraction on record

Spain has been plunged into its deepest recession in modern times by Covid-19

New data shows the deep damage the coronavirus pandemic has done to the Eeurozone. Its economy shrank by a record 12.1% in the second quarter, with all member states registering falls. Spain was the worst affected. Its gross domestic product contracted by almost 20%. 

Also in the programme: Sir Alan Parker, the acclaimed British director of such films as Fame, Evita and Bugsy Malone, has died aged 76; and award-winning Zimbabwean author Tsitsi Dangarembga, a nominee for this year's Booker Prize, has been arrested in the country's capital, Harare, during an anti-government protest.

(Photo: Spain's economy has been ravaged by the virus. Credit: Reuters)

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31/07/2020 20:06 GMT: Eurozone suffers deepest contraction on record

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